Tesla\u2019s TSLA Model Y and Model 3 continue to dominate electric vehicle sales in the United Kingdom with about two weeks left in the year by a wide margin, per Teslarati.<\/p>\n
The Model Y leads with 18,890 units sold so far this year, followed by the Model 3 at 16,361, per data from EU-EVs. The closest competitor, the Audi Q4 e-tron, trails well behind at 10,287 units, though it still outpaces models such as the BMW i4 and Audi Q6 e-tron.<\/p>\n
While the Model Y has performed strongly worldwide, it has been especially dominant in major markets like Europe and the United States. Its appeal has long stemmed from a blend of premium features, interior space and an emphasis on sustainability that aligns closely with consumer preferences.<\/p>\n
Both Tesla models are expected to post lower sales than in 2024, per Teslarati. Last year, the Model Y topped the U.K. market with 32,610 units sold, while the Model 3 reached 17,272 units, which puts this year\u2019s Model 3 sales roughly in line with last year\u2019s pace.<\/p>\n
Overall, Tesla sold 50,090 vehicles in the United Kingdom in 2024, but is currently about 8,000 units behind that pace. The company\u2019s market share has also declined from 13.2% last year to 9.6% with two weeks left in 2025. Even so, Tesla remains the market leader, ahead of Volkswagen\u2019s 8% share. TSLA carries a Zacks Rank #3 (Hold) at present. You can see the complete list of today\u2019s Zacks #1 Rank (Strong Buy) stocks here.<\/p>\n
Tesla has outperformed the Zacks Automotive-Domestic industry and its peers, Lucid Group, Inc. LCID and Ford Motor Company F, in the past six months. TSLA\u2019s shares have gained 49.8% compared with the industry\u2019s growth of 45.6%. Shares of LCID have plunged 47.7%, while shares of Ford have gained 25.8% in the same period.<\/p>\n
Zacks Investment Research <\/p>\n
Image Source: Zacks Investment Research<\/p>\n
From a valuation perspective, TSLA appears overvalued compared to the industry and peers. Going by its price\/sales ratio, the company is trading at a forward sales multiple of 15.23, higher than the industry\u2019s 3.48. Lucid is trading at a forward P\/S ratio of 1.7, while Ford is trading at 0.32.<\/p>\n
Zacks Investment Research <\/p>\n
Image Source: Zacks Investment Research<\/p>\n
The Zacks Consensus Estimate for TSLA\u2019s 2025 EPS has fallen 5 cents in the past 60 days. The Zacks Consensus Estimate for TSLA\u2019s 2026 earnings per share has fallen a penny in the past seven days.<\/p>\n
Zacks Investment Research <\/p>\n
Image Source: Zacks Investment Research<\/p>\n